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Mobileye IPO: What to know

Mobileye is selling 41 million Class A shares at $21 per share. The offering values Intel's autonomous hardware and software unit at $16.7 billion.

GM beats inflation as US demand drives quarter

The automaker reported net income of $3.3 billion, or $2.25 per share, on revenue of $41.9 billion. Net income for the quarter was driven by a new vehicle sales increase of 24% in the United States.

Toyota eyes Tesla, scrambles for EV reboot

A working group within Toyota has been charged with outlining plans by early next year for improvements to its existing EV platform or for a new architecture, sources said.

Waymo robotaxis coming to LA

Los Angeles is the third largest U.S. ride-hailing service area, with an estimated market opportunity of $2 billion in 2022, according to Alphabet-owned Waymo.